Rules of the Game: Final Word on Free Cash Flow

Kate Stalter

I'll wrap up this week's look at large-cap cash cows today. As I noted in previous columns, free cash flow per share is a good way of measuring a company's ability to finance projects without debt.

I'm focusing on large-cap names because I like the liquidity and price stability these stocks can frequently offer. They tend not to show the explosive earnings growth that small-caps exhibit -- or the accompanying huge price rallies. They offer better dividend payouts, however, and potentially less volatility than thinly traded small-caps....432 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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